XRP Price Momentum Dead Stop: Potential Pullback Ahead of Breakout Attempt

XRP's price momentum has come to a standstill at $1.41, with its MACD histogram flatlined and over 70% of both retail and smart money already long.

This setup is considered dangerously crowded, favoring a short-term pullback rather than a breakout attempt.

The chart is sending a warning signal, with XRP trading below its 7-day SMA of $1.45 and the RSI at 69.74, just a hair's breadth from overbought territory.

A breakdown through $1.41 could lead to a flush towards $1.32 before attempting to break out towards $1.60.